Blackwater seeks to acquire and develop high­-quality neighborhood and community shopping centers in a variety of formats and settings, including primary, secondary, and tertiary markets that exhibit supply constraints and strong growth fundamentals, ranging from urban mixed-­use properties to suburban grocery­anchored retail centers. With our experienced team, we are positioned to respond quickly, find innovative solutions and complete complex transactions, with a hands­-on approach in each stage of the process, ensuring a timely, seamless closing.

Investment overview: To acquire value­-add and opportunistic assets that can be purchased below replacement costs with in-­place cash flow, growing market rents, and that display operational and physical repositioning opportunities

Asset Class: Value­-Add Retail

Type: Anchored Community, Neighborhood, Infill power shopping center, Single-Tenant Net Lease Assets, and Malls

Location: In densely populated, well located areas with close proximity to retail & workplace hubs that demonstrate opportunistic and value­-add potential in our target markets

Geographic Preference: Primary focus on the Southeast and Mid­-Atlantic markets including: Alabama, Arkansas, Florida, Georgia, Mississippi, Louisiana, North Carolina, South Carolina, Tennessee, Texas, and Virginia.

Transaction Size: Up to $25 Million

In addition to the above criteria, Blackwater also evaluates joint venture opportunities where the current owner/developer is in need of equity to finish a project or recapitalize an existing asset.

Submission Information: Property Description and photos, Site Plan, Rent Roll reflecting rent escalations, renewal options and tenant expense obligation, Trailing 12 month and historical operating statements, Co­-tenancy provisions, Demographic reports, Existing loan information, including loan balance, type of loan structure, interest rate, pre-payment or lock-­in provisions, cost of loan assumption.

For more information or for submittal, please e­mail us at:

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John Abernathy

Rich Wingo